Boss Energy Has More Work to Do to Convince Citi on Revised Approach -- Market Talk

Dow Jones

05/01

2315 GMT [Dow Jones]--While confidence is building in Boss Energy's new approach to its Honeymoon uranium mine, more technical clarity is needed to drive a re-rating in its shares, Citi analyst Tom Wallington says. Boss "talked up its sophisticated data-driven approach to inform the revised development" alongside its 3Q production result, says Wallington. But he says Citi remains cautious. "We will need to see more evidence to de-risk the revised concept," he says. Citi has a neutral rating and A$1.60 target on Boss. Shares ended Thursday at A$1.39. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

April 30, 2026 19:17 ET (23:17 GMT)

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Boss \"talked up its sophisticated data-driven approach to inform the revised development\" alongside its 3Q production result, says Wallington. But he says Citi remains cautious. \"We will need to see more evidence to de-risk the revised concept,\" he says. Citi has a neutral rating and A$1.60 target on Boss. Shares ended Thursday at A$1.39. 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Boss \"talked up its sophisticated data-driven approach to inform the revised development\" alongside its 3Q production result, says Wallington. But he says Citi remains cautious. \"We will need to see more evidence to de-risk the revised concept,\" he says. Citi has a neutral rating and A$1.60 target on Boss. Shares ended Thursday at A$1.39. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BOE.AU":"BOSS ENERGY LTD","BK7083":"煤与消费用燃料"},"translate_title":"Boss Energy还有更多工作要做才能说服花旗接受修订后的方法——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BOE.AU":0.9},"content_text":"2315 GMT [Dow Jones]--While confidence is building in Boss Energy's new approach to its Honeymoon uranium mine, more technical clarity is needed to drive a re-rating in its shares, Citi analyst Tom Wallington says. Boss \"talked up its sophisticated data-driven approach to inform the revised development\" alongside its 3Q production result, says Wallington. But he says Citi remains cautious. \"We will need to see more evidence to de-risk the revised concept,\" he says. Citi has a neutral rating and A$1.60 target on Boss. Shares ended Thursday at A$1.39. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2026 19:17 ET (23:17 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}